San Marino - Other expense (current LCU)

The value for Other expense (current LCU) in San Marino was 66,994,310 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 33,200,000,000 in 1995 and a minimum value of 29,527,240 in 2005.

Definition: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1995 33,200,000,000
2002 72,205,070
2003 29,638,620
2004 56,489,860
2005 29,527,240
2006 37,250,330
2007 34,990,580
2008 38,139,920
2009 41,621,450
2010 40,012,930
2011 37,573,260
2012 39,852,480
2013 38,135,070
2014 38,724,050
2015 36,422,130
2016 35,400,840
2017 38,798,220
2018 36,122,930
2019 66,994,310

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance